Title:Empirical Evidence on Growth and VolatilityAuthor(s):STASTNY, Michael; ZAGLER, MartinDate:2007Type:Working PaperSeries/Number:EUI RSCAS; 2007/22Abstract:This paper empirically investigates the relationship between long-run economic growth and output
volatility. There is an emerging theoretical literature on the topic which is inconclusive on the size and
direction of the ...